The Syracuse Journal, Volume 28, Number 37, Syracuse, Kosciusko County, 9 January 1936 — Page 5

THURSDAY, I AN.,. I’M.

“Two Percent Control the Wealth** • What of It -* - - -If They Do?

In Which Bffl Jones Learns That There b a Wide Distinction Between Control and Ownership —He Learns, too, Where Billions Grow and Who Gets Them. By Charles H Franklin, New York Sun, Jan 4, 1936 There waa a voice! The man wasits master and the voice waa his fame and fortune. He had trained that voice in college, in the law courts, in the professor's chair Mnd on the public platform. Through the radio came hb peroration: “The inexhaustible wealth of this great country is controlled by 2 per cent of the population. Is this deplorable condition to continue? Is it any wonder, my friends, that we insist that there shall be a redistribution of wealth, that this great country of ours shall be managed for the greater good of the greatest number!" We sat silent for a moment, only to have the spell broken by the matter of fact announcement: “This b Station KLKL. It b now exactly three seconds past nine o'clock. Eastern Standard Time." Bill Jones was the first to speak, a bit triumphantly. “Isn't that what I have been telling you ? # You can’t answer that argument. Just realize what it means: 2 per cent of the people own all the wealth!" ::Who said that?" I asked. Ho looked at me in wonder “You heard him, didn’t you?" “Os course, I heard him. And 1 think 1 can quote him Now Ibten! He said: “The inexhaustible wealth of thb great country is controlled by 2 per cent of the population.* “Sure," replied Bill. “That's what I just said." - “Not at all," 1 argued. “You took him as saying that 2 per cent of th< population owned the country. He said controlled. No doubt he wanted a you and thousands of others to un- • de rat and him M saying owned. But there's a great difference in those , two terms." , Bill looked at .me queetingly. There Arc Owners. “All right," I said, “HI try and explain Let's see—you work for the American Telephone Company, don’t you?" Bill nodded. - “We can start with that," I went on. “Tell me, who controb that corporation?" “Prseidenl Gifford and the board of directors." “O. K. To simplify ’ matters we’ll have Gifford control It. He’s one man in an organization of, say 10,000. That makes him just one onehundredth of 1 per cent of the telephone popul tion. Yet he controb the vast wealth of that organization! . Why thb b beginning to look even worse than that radio fellow painted It! Those figures are substantially !|Uhia| Accidents Never Tike A Holiday LAST YEAR .... ' . .’. . 36,000 killed and nearly 1,000,000 injured in au- ’ tomobib accidents. . .* . 23 persons were accidental- ? ly injured every minute, 1,380 every hour. . . . . there was an accident in the U. S. every 2 seconds, all day and all night .... the “STATE" since organisation has paid in losses $22,142,70040. Insure in Sure Insurance ... At A Low Cost on Our Convenient Payment Plan. H. EARL HIMES AGENT NO. WEBSTER PHONE 47 THE LARGEST INSURER OF AUTOMOBILES IN INDIANA

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l correct, are they not?" i Bill said they “Now Bill," 1 continued, we know in a fashion who controb, or manages, which b the better word, the telephone company. Tell me, who owns it?" “The StockhoMers” “Sure,” I answered. “And there are 675,000 of them. Abo there are 18,662,275 shares !of stock. How , many shares does Gifford own?” s “I don’t know.” k , “What, don’t you read those SEC . reports or don’t yoii hear the orators talking about them? I do. I can tell . you that Gifford owns about 1,000 shares and hb ownership represents i less than one two-thousandth of the . total." ! “H’m," mused Bill Jones, “I never , looked at it in that! light. But what’s the difference? Control b the main i thing and it’s in too few hands.” > “Bill,? I said, “I don’t agree that ; 2 per c*nt of the population control all the wealth, control 80 per cent . of it, control 60 per cent of it, or that it b concentrated in such a loose i number as ‘two or three hundred corporations. But! tor the sake of argument I’ll admit that the 2 per cent control it all. And find out how much is 2 per cent of our population of 127,000,000. You do it, I’m poor at figures. Just divide 137,000,000 by fifty." “That’s 2,540,00 b," said Bill. “Good, then we have 2,540,000 controllers of wealth in thb country. We have one controller for each fifty persons, counting everybody, men, women and! children, producers and nonproduCers. That’s amazingly wide-spread; dbtribution of control, bn’i it?”| ... Where It Isn’t 2 Per Cent. Bill had nothing to say, but 1 wasn’t letting up bn thb chance to rub it in. _ I “What about the .A. E. F.? You were over there Untn 2,000,000 oth- • era Who controlled that army?" Bill grinned. (“Black Jack, he said. “But Pershing had a headquarters staff of maybe one hundred officers.” “Oh, yes,” replied Bill. “From your tone I gather you don’t think it would have been the best thing for Pershing to take a poll of the corpomb, sergeants, majors, captains and all the minor controllers before he made a decbion. Neither do I." I “Next there’s tpe Government and what a corporation that b! Two dollars out of $lO that are produced in thb country in a year go to ths Government. federal. State *and local. The combined branches take $9,500,000,000 out of the $48,000,000,000 national yearly income. Who controb thb great wealth which you and 1 end 50,000,000 others produce?" “The different [officeholders." “Yes, and thel one who b closest to you b your plate Assemblyman. He represents about voters, or 30,000 voters and non-voters. Don't you think there should be much more liberal and widespread control of that nine and a han bil- , lion dollars?" r • “No" said Bill; “There’s too many | already. But atffll the Government, i the church and the army can’t be ' compared to an[ industrial corporaItion. A corporation has’nt the public responsibility or the common good motivating ft.” j “Oh, I knew we’d get around to [that," 1 said. “Every corporation b I crooked and every poor person b deserving and is poor through no fault of hb own! Bill,[you and I know better than that We are both the sons of immigrants. They got their chance here and what b more they got the opportunity to give their children a chatice that b still to be found nowhere j else in the world. That chance was made for them and us by the pioneers, the industrialbts and the business men, whoever they were, good, bad, indifferent, thieves or saints. They built the Bunker Hill monuments and the Daniel Websters delivered the orations. “You and I know from the actual experience that nine out of ten of the poor. among whom we wore reared in thb city, remained so because of their refusal to accept their opportunities and because of their own vices. We know that nine out of every ten, rich, middle class or poor, who , ! have “made a go of things have done so because of their initiative and honesty." Bill Jones and 1 didn't hear Kreisler play hb violin. We didn’t even hear Gracie Allen recount the latest 1 escapade of her nephew. We talked

on and o:a. ee •. - Most ol! us are like Bill Jones and * I was until I saw the light. We take everything for granted and our econ- . omics 'rom whoever has the headlines or our ears. We don't spend the 1 time to add together the one and two which will tell us that a man’s factory hno good to him unless he can operate it! Or that a corporation's products are no good to it unless it c»n sell them. Consequently if a business man doesn’t want the country to prosper, doesn’t work to benefit Lb fellows with the highest wages and the lowest prices—he's a fool who works against himeslf, and quite a few of them ,are in thb class. We have talked about control of the wealth. What about ownership? Our definition of wealth will be the common one, that b, “the possession of money, of things that can be converted into money, or of things that have been bought with money.” It b proper to begin with corporations because it is the general impression' that corporations own and control practically all the wealth. By the official figures of the Treasury Department of the United States for the year 1933, now mind, these are nobody’s figures but Federal Administration’s and they are the latest that can be obtained in Washington on thb day, the 31st of December, 1935: 504,480 corporations reported to the Internal Revenue Bureau, and of thb number, 388,564 submitted balance sheets. Study,that figure 504,480 and recall the population of the United States, namely 127,000,000 persons. Simple division gives you the answer that there is one corporation in the United States for each 250 persons. All active corporations engaging in business, whether they have a profit or loss, are supposed to report under the law. In 1933, 446,842 of the 504,480 filed income tax returns. The 388,564, which filed balance sheets, reported total assets and liabilities of $280,082,000,000. In capital and surplus, the net property owned by the shareholders, they reported $127,583,011,000. Seventy-five per cent of these corporations earned no taxable income. The 109,786 of them which did earn net income reported a net profit of $3,580,000,000, an increase of 30.8 per cent, over 1932. Not so bad as showing a pull out of the depression. Wh<7 owns that $127,583,011,000 capital and surplus? Somewhere between 3,500,000 and 7,000,000 people. If the figure is too indefinite, blame the econombts. Several eminent ones have tried to break down the individual ownership of capital stocks, and the best they can say is “between 3,500,000 and 7,000,000 individuals.” Bonds of corporations are owned by the big investing institutions such as life insurance companies, savings banks, which will be touched on later, and also by individuals. The value of the bonds of the 2,442 corporations listed on the Stock Exchange is $43,643,112,338. Also bonds payable in foreign currencies are valued at approximately $200,000,000. One thing is certain. There are only a few- “close” corporations, namely companies which are owned by families or family groups. Henry Ford, who owns the Ford Motor Company, b perhaps the most notable exception. The Rockefeller family undoubtedly own a large interest in the Standard Oil companies, bin it does not own all by a jugful, not more than one-fifth interest at the most. The balance b widely distributed. Take the “Big Four” Standard Oil Companies, for instance. Standard of New Jersey is owned by 134,136 shareholders; Standard of Indiana by 92,440; Standard of California by 69,114 and Socony- Vacuum by some 107,000. We know already that the A. T. & T.’s 18,662,275 shares are owned By 675,400 different stockholders. No stockholder owns as much as 1 per cent of the stock, the average holding b 28 shares, 379,000 of the stockholders are women and 100,000 of them are employees of the Bell Telephone system. . Have You Any Insurance? About one out of every two Americans has an insucgnce policy, 63,400,000 in all. The mutual companies of thb country—and most of them are mutual, by the way—own assets appraised by the Association of Life Insurance Presidents at $23,200,000OC4. Since the compands are mutual the policy holders are the real owners of those assets. The presidents, vice-presidents and others who manage the companies are only employees. The face amount of the policies they have issued, incidentally, b approximately one hundred billion dollars, according to the latest figures. Perhaps you would like to know what the assets of which you, as a policy holder, are a part owner consist of. Here are the official figures: Stocks and bonds (mostly tends) 47.3 per cent; mortgages on reel estate, 22.7 per cent. Balance, tnbcellaneous, including real estate, < aah and loans to policy holders. That b not all. It b estimated that ibout 88,000,000 industrial policies | tave been issued to protect workers ' usd the assets behind them total . more than 18 billion dollars. ; Mutual savings banks alone had i on deposit on July 1, 1935, a total sum of $9,870,061,120. Those deposits were carried in 13,896,605 different accounts, an average of $71025 for each. Not to forget savings accounts carried by trust companies and other banks in their savings divisions and time money deposits, the total -amount of money classified by the Census Bureau as “savings* is the staggering total of $39,268,000,400. These figures do not include the Government’s postal savings system in which $1,187,186,208 b carried for the account of 2,342, persons. Buildfag and loan associations, too, are a form of savings institutions. The census of 1930 gives their membership at 9,196,093 The tillable lands <4 the country nre divided into 6,288,648 farms and the h < f»rm b 158.9 6,000,000 farmers own or operate those farms and one-half of those farms are owned outright and un-

SYRACUSE JOURNAL

I share that particular form of wealth I which thb year b estimated to have | yielded a revenue of eight billions i of dollars. i The census of 1930 reveals that 14,002,074 families of the 29,904,663 families reported were owners iof their own homes. The 4 average value of those homes was $4,778. Multiply that by the number of homes ' and you have a figure of nearly seventy billions of dollars. Even if those homes are mortgaged for 60 per cent of their estimated value, that still j leaves a tidy equjty for the owners. All this time we’ve been talking about only one form of wealth-sav-ings. Whether it b deposits in savi ings banks, stocks, bonds, or farms, manufacturing plants and such instruments of wealth, or homes_it is savings. However, income also, is wealth, the real wealth of most of us, the one thing that can be distributed. Even the most ardent share-tbe wealther wouldn’t get much nourishment out of the front wall of tlte~ I east wing of Mr. Chrysler’s factory. The Department of Commerce in Washington h.s compiled statistics 'on national income from Treasury reports, and by “national income b meant cash income or the equivalent at market prices. 1 National income for 1934 totalled $48,500,000,000. Os that 89.6 per cent, or $43,594,000,000 was unreported in income tax returns because it was distributed among persons who had no taxable income. Roughly, it is income received by pet sons who make less than $5,000 a year. ’ Nine and four-tenths per cent went to individuals who had incomes ranging from $5,000 to $100,0?4 a year. Less than 1 per cent went to the people with incomes above SIOO,OOO. Who owns the 20,000,000 automobiles at say, S3OO each, the radios, the refrigerators, the furniture, the jewelry,’ the silk stockings, the top hat and tails? Since these are the facts why has the contrary been permitted to obtain wide-spread acceptance? Why hasn’t industry stated its case in a form defying all contradiction? Why does Judge Knox of the Federal court of New York have to say: ‘The capitalistic system made America. No other substitute has been offered which is anywhere near as good. But capitalbm has £.o be resold to the man on the concrete roads.” Alfred P. Sloan offers the explanation that industry has been too engrossed in its own particular field and in letting the results speak for it. That b plausible. It takes a lifetime to make a good barber, a good actor, a good politician or a good business man. To be any one requires natural gifts which cannot be standardized or explained away. There can be no doubt that indifference on the part of industry to skullduggery within its ranks furnishes the best fuel for the fires of agitation. One scoundrel can undo the work of one thousand honest men in business or in any other walk of life. And the political-fixing and the legal laxity which too often accompany business felonies make them infinitely more destructive.. It is still true enough that, having wealth and power, ond can get away with anything in the United States. - - ‘ Who Dare* to Speak? But after all, who am I to speak for the American system of industrial democracy? Nobody in particular, only an average citizen, who by birthright, by education and by experience is as qualified to speak for it as are many of those who qualify to speak against it. One of my college mates is chairman of a committee of the House of Representatives, another is a bishop and a third is a college professor. To such b attributed the right to inform the public and to mold its opinion. Yet any of the three will testify, I am sure, that my mental capacity at college was the’ equal of his. And I haven’t grown any dumber since that time. For thiry years I have made my own way, which of course is nothing since millions of Americans have done the same thing. It used to be a good, old American custom. I lost most of my savings in the panic of 1929, which I was a fool and have no one but myself to blame. I’ve taken my pay cuts like the rest. I’ve been set back five years in my hopes and ambitions, like the rest. I’ve helped my fellows to the limit during the depression, like the rest. I pay an income tax, like a favored few. I have not reached a position of economic security, although I am a bit hazy about that high sounding phrase. I gather it signifies “a state of no worry, no necessity for work, no need of ambition.” I’m past 40 without ever having had a checkbook and I’m no Henry Ford to scale the heights from my present takeoff. I'm resigned to the fact that I never will be economically secure and I don’t.think that it b envy that prompts me to say that I am glad of it. I honestly believe that I prefer my position of economic insecurity in which, come hell or high water, and with a confidence that b probably sadly misplaced. I can make my own way, always will have to make it. Thb may be rugged individualism but to me it b the only kind of a life worth living. I think I am a liberal. That stamp was branded into me by generations of oppression. I’ll swing a whip with the next one to drive the money changers out of the temple, all the money changers and out of all the temples. But in my seal I won’t be blinded to my obligation to carry out two other commands, equally divine, which run something like thb: “Thou shalt not bear false witness against thy neighbor.” “Thou shall not covet thy neighbor’s goods. ” , To these injunctions from Mount Sinai I would add, with due reverence, the words of a forthright American politician, Robert F. Toombs, who said: “The great principles of political equality, of truth and eternal justice are as much violated by robbing the few for the benefit many as by plundering the many for the benefit of the few. A good and just Government will do neither. An honest people will oppose both.” Edwin G. Thompson, 81, editor of the Ligonier Leader, died hb home in Ligonier, Sunday, from ester Leader years ago out r«rreu xrom aeu v e v w y

ZION. Mr. and Mrs. Arnold LeCount spent Sunday with Mr. and Mrs. Emory Guy. I Mr. and Mrs. Milo Miller and i daughter of Deedsville returned 'home Sunday, after spending several days with Mr. and Mrs. Jesse ; Miller and family. Mr. and Mrs. Emory Guy were callers in the Gideon LeCount home Thursday evening. Mr. and Mrs. Emory Guy and Mr. and Mrs. Arnold LeCount spent Sunday evening with Mr. and Mrs. Joseph Smith. AFRICA. • New Year's dinner guests in the Elmo Shock home were Mr. and Mrs. John Baker of Goshen and Mr. and Mrs. Chester Payne and three sons of Warsaw. Jonas Cripe and Elizabeth Shock enjoyed New Year’s dinner with Mr. and Mrs. Ira Rothenberger. Mrs. Elmer Baugher and daughter knd Mrs. .Wallace Baugher and baby daughter Sonya, vbited Saturday afternoon in the Leander Yoder home near Kimmel. Mr. and Mrs. Stanley Roberts assisted Mr. and Mrs. Sim Lewallen with butchering Friday. . Mr. and Mrs. George Rothenberger have arrived from Elcho, Wis., ' to spend the remainder of the winter with relatives. Richard Johnson spent Saturday with Joe Shock. Jonas Cripe and Elizabeth Shock spent Sunday with Mr. and Mrs. Lon Klingermtin of Indian Village, j Elmer Baugher and family and j Mr. and Mrs. Fred Kuhn were Sunday dinner guests in the Elmo Shock home. Mr. and Mrs. Noah Shock and daughter Velma and Guy Ritter spent Sunday evening in the Jonas Cripe home. Mr. and Mrs. Clarence Mock and three sons spent Sunday evening in the Elmo Shock home. Bernard Roberts called in the Jim Sharp home Sunday forenoon. NEWSALEM A large crowd attended the play given by the North Winona Young people at the New Stiem church, Sunday evening. Roy Pinkerton and family attended the funeral of Mr. Watkins at Leesburg, Sunday afternoon. Mr. and Mrs. Emory Guy, Mr. and Mrs. Arnold LeCount called at the Joe Smith home, Sunday evening, and ail attended the play at the church. Lewis Auer called at the Jesse Crowl home, Sunday. Ted Godschalk of South Bend :alled on Mr. and Mrs. Joe Gods chalk, Sunday afternoon. SOUTHSIDE Mr. and Mrs. Walter Rex of Avilla spent Tuesday last week at the Dan Warbel home. Frank Warbel of pear New Parb is ill with a severe pbld. Mrs. Dan Wdkbel vbited Mrs. Jane Jones. She still b in ill health and Mrs. Dewart doing her work for her. > Sunday vbiton in the Noble Ringler home were: Mr. and Mrs. Chris Lehman and family of Kimmel; Frances and Marjorie Laughlin and Elmo Burson. Mr. and Mrs. Gordon Johnson were Sunday callers in the Anna Wilkinson 'home. Mr. and Mrs. S. F. Betas and children of Chicago were week end vbitora fa the Mell Cable home. Estelle Swartz has returned home after spending several weeks in Chicago. Frances and Marjorie Laughlin, Elmo Burson and Don Ringler were Saturday evening vbitora in the Noble Ringler home. Mrs. Dan Warbel and Mrs. Ollie Hovarter were Friday evening callers at the Elmer McGarity home. FOITkcbRNERS. Mr. and Mrs. Elmert Dewart of Syracuse assisted with butchering at the Stroup home, Mrs. Irene Dbher called at the Darr home, Friday evening. Mr. and Mrs. Ted Godschalk of South Bend and Mrs. Wm. Hartlieb attended the funeral of Mr. Mench in Syracuse, Sunday. Mary Ulery spent a few days at the Dwight Berkey home near Syracuse. Mr. and Mrs. Earl Darr and two children from near Goshen spent Monday with Mr. and Mrs. Earl Dari-. Mr. and Mrs. Earl Darr and family and Mr. and Mrs. Joe Bushong and faanily spent Sunday evening with Mr. ahd Mrs. A. W. Geyer. TIPPECANOE Royal Kline made a trip to Syracuse, Monday. Mr. and Mrs. James Rothenberger took Sunday dinner with Mr. and Mrs. J. Garber. Mix Less White called at the Geo. White home, Monday. Mrs Ro.yal Kline visited the Jas. Ar ? ' C '* L -i/ -

Gilbert home, Monday. Albert Gilbert called at the J. L. Kline home, Sunday evening. J. Garbel and Royal Kline made a trip to Warsaw, Monday. Mrs. Isaiah Kuhn and family vbited Mrs. Phoebe Goppert, Wednesday. Mr. and Mrs. Clarence Lewallen took, dinner with Mr. and Mrs. Elmo Shock, Tuesday. Parke Lantz called at the J. L. Kline home, Wednesday. Mrs. James Gilbert vbited the J. Garber home, Thursday. Callers in the J; L. Kline home, Sunday evening were: Mr. and Mrs. J. Garber, Royal Kline and wife, Miss Elnorai Gilbert and Parke Lantz. ON THEHILL. Daniel Lelmber from near Bourbon, and Irvin Neff called on L. A. Neff. Christmas Day. The series of meetings on the | hill, conducted by Bev. Floyd Hedges, closed with eight additions to the church. The snow on New Year’s was about 7 inches deep. The road bed | was fine for sleighing and a few old | sleighs and sleds were on the road, i The young folks enjoyed coasting down the old North Huntington street hiU. | New Year’s Day of 1936 was much different than the New Year’s Day 71 years ago, although the stores remained open all day, the bank and post office and rural carriers observed it as a holiday. New Year's day 71 years ago was I the cold New Year’s about which old pipneers love to talk. On Dec. 31, j 1863, it rained toward evening. The mercury commenced to go down, and on‘New Year’s 1864 it was 28 [degrees below zero. It vtfas said the drop was 65 degrees in six hours. ; The writer well remembers the time. About 10 o’clock, father went | to the home of a poor neighbor to see if he needed help. When he went out the cabin door, (the common people all lived in cabins) the frost and snow floated in the air. ; You couljd not see 50 feet. A good many people came to Solomon’s Creek church to watch the old year go out and the New Year come in. , Going in the evening the weather ; was warm and the snow thawing. [They took but few wraps. In going hothe, but few escaped having frozen noses, ears, fingers and toes. Uncle Lew. COMM ISS IONE RSMEET. Holding their first meeting since Seward W. Poor, Republican, successor to Fred Ringenberg, Democrat, assumed hb place on the Kosciusko county board of commissioners, the commissioners Monday elected a new chairman and made their appointments for 1936, for one year. The board is now Republican. Poor ind William Dorsey are the Republican members, and John Summe is the Democratic member. ~ Following its custom of naming the senior member of the board chairman, Summe was elected chairman of the board. The commissioners made the following appointments: Former City Attorney Walter Brubaker, county attorney; Dr. W. B. Siders, ‘ county physician; Stephen R. Laughlin, highway supervisor, and Don Weirick, custidian of the court house, ail Republicans. Laughlin succeeds himself. — 0 — TRY A JOURNAL WANT AD

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1 SCHOOL NOTES 1 * ——* There are a number of illnesses from the Grade school, mostly cau& ed by colds, but Bobby Smith, First Grade is quite ill, and it is feared that the illness of Teddy Method, First Grade, may develop into pneumonia. Jack Mason brought his two pairs of boxing gloves to the Second Grade, and since Christmas, “Joe Louis” has been knocking out everyone who challenges him, and all of the boys in the Second Grade 'challenge as they want a chance to try out the other pair of gloves. * « • Mr. and Mrs. Arthur Buchtel of Middlebury plan to go to Texas next week, and as their children Jay and Jack are to remain with their grandparents, Mr. and Mrs. Jasper Buchtel, the boys will likely enter school in Syracuse next week. Jack will be in the Second Grade hnd Jay in the Fifth. ; There were many absences f\om High School the first of thb week, probably due to colds. * • * Miss Lucille Hen wood plans to entertain the members of the cast of the recent operetta which she presented, tomorrow noon trt the school house. • • « On Monday, Herschel Bitner received the loving cup from the So. Bend Tribune, which he won shooting free throws, at the fourth annual basketball clinic. a— OFFICERS ELECTED. Mrs. Wilma Hire has been elected superintendent of the Evangelical Sunday-school for the coming year. The two assistants are Herschel Grimes and N. G. Skidgqll. A. H. Blanchard is secretary; Mrs. Sadie Hire is chorister; Miss Katharine Dillen, pianbt; teachers are: Adult class, Mrs. A. H. Blanchard; Fellowship class, Rev. Pritchard; Young. People, Mrs. Pritchard; Intermediate Girls, Mrs. Herschel Grimes; Junior Boys, Paul Cook; Junior Girls, Mrs. M. E. Rapp! Primary, Mrs. M. E. Dillen; Nursery, Mrs. Robert Strieby; superintendent of Children’s Divbion, Mrs. Paul Cook; Superintendent Home Department, Mrs. SkiggeL Ketering’s HOMESTORE PHONE 139 PHONE 139 --SATURDAY SPECIALSBURCO COFFEE, ib. *. 15c 3 lbs. Green Split Peas, 25c 2 lb. box Soda Crackers * 19c 2 cans Elf Chilli C°» Carne . >9c 14 CLOTH BAG CRYSTAL WHITE 2 lbs. Peanut Brittle 25c 24 lb bag Little Elf Bread > Flour, _51.14 4 bars Palmolive Soap 19c Box 25 12 ga. Shot Gun Shells _ 55c 12 qt. Milk Pails, each 35c 2 gal. can Sinclair Motor Oil 89c Pure Buckwheat Flour, Ig. bag 23c 2 lbs y HAMBURGER, 25c 2 lbs. Bologna, , 25c 2 lbs. (Fish) Boneless Fillets 25c 2 lbs. Salt Mackrel 25c ELECTRIC CORN POPPER, __ 19c See Our Hand Bills for Other Specials—Ask for Your Copy of Table Talk. YES! WB DELIVER.

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